Thursday, February 24, 2011

King of Saud

  The best thing to do is run budget deficits in order to maintain a happy citizenry. There really is no limit to how much you are able to print in order to maintain happiness for the people in a nation. Its either budget deficits to artificially inflate wages, salaries, and benefits for the common man. Or risk getting overthrown. I would think the former being the better choice.

  Its not taxpayers money. If it was, Saudi Arabia would not get anywhere. You take 10 riyals from one man and give them to another. There is still only 10 riyals between the two of them. The payment does not come from taxation, it comes from budget deficits. Meaning its printed out of thin air.

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